MGK vs VOO
MGK vs VOO
Vanguard Mega Cap Growth ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | MGK | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.05% | 0.03% | |
| AUM | $33.1B | $979.0B | |
| Dividend Yield | 0.44% | 1.09% | |
| Holdings | 61 | 509 | |
| YTD Return | +9.74% | +13.11% | |
| 1Y Return | +18.31% | +22.88% | |
| 3Y Return (annualized) | +24.40% | +21.08% | |
| 5Y Return (annualized) | +13.79% | +13.26% | |
| Volatility (annualized) | 17.7% | 14.1% | |
| Max Drawdown | -48.9% | -34.3% | |
| Fund Family | Vanguard (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Dec 17, 2007 | Sep 7, 2010 |
MGK vs VOO Performance
Vanguard Mega Cap Growth ETF (MGK) is a ETF from Vanguard (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year MGK returned +18.31% while VOO returned +22.88%. Year to date, MGK is up 9.74% versus a gain of 13.11% for VOO.
Over three years, MGK compounded at +24.40% per year against +21.08% for VOO; over five years the annualized figures are +13.79% and +13.26% respectively. Across the full 16-year window we track, VOO has the edge at +13.54% annualized vs +12.63%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MGK has been the more volatile fund, with annualized monthly volatility of 17.7% compared with 14.1% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -48.9% for MGK and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
MGK charges 0.05% per year while VOO charges 0.03%. On a $10,000 position that is $5 vs $3 annually, a gap of $2 per year that compounds over a long holding period. On income, MGK currently yields 0.44% against 1.09% for VOO.
Holdings Overlap
MGK and VOO share 53 holdings out of 507 unique holdings combined, representing a 50.6% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in MGK | Weight in VOO | Difference |
|---|---|---|---|
| NVDA | 13.23% | 7.51% | 5.72% |
| AAPL | 12.13% | 6.59% | 5.54% |
| MSFT | 7.48% | 4.30% | 3.18% |
| GOOGL | Pro | Pro | Pro |
| AMZN | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
| LLY | Pro | Pro | Pro |
See all 10 holdings MGK shares with VOO Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, MGK or VOO?
MGK has an expense ratio of 0.05% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $2 per year of difference.
Which performed better, MGK or VOO?
Over the past year MGK returned +18.31% vs +22.88% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), MGK annualized +12.63% vs +13.54% for VOO. Past performance does not guarantee future results.
Which is riskier, MGK or VOO?
MGK has been the more volatile fund at 17.7% annualized versus 14.1% for VOO. Worst drawdown: MGK -48.9% vs VOO -34.3%.
Should I hold both MGK and VOO?
MGK and VOO have a monthly-return correlation of 0.94, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between MGK and VOO?
MGK and VOO share 53 common holdings with a 50.6% weight overlap. Combined, they hold 507 unique securities.
Which pays a higher dividend, MGK or VOO?
MGK yields 0.44% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.
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